A share price of Hudbay Minerals Inc. [HBM] is currently trading at $7.62, down -2.18%. An important factor to consider is whether the stock is rising or falling in short-term value. The HBM shares have gain 3.81% over the last week, with a monthly amount glided 11.57%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hudbay Minerals Inc. [NYSE: HBM] stock has seen the most recent analyst activity on April 09, 2024, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $9 for it. On July 07, 2023, upgrade upgraded it’s rating to Overweight. Barclays downgraded its rating to a Equal Weight. Barclays upgraded its rating to Overweight for this stock on July 19, 2022. In a note dated July 19, 2022, National Bank Financial downgraded an Sector Perform rating on this stock.
Hudbay Minerals Inc. experienced fluctuations in its stock price throughout the past year between $3.94 and $8.11. Currently, Wall Street analysts expect the stock to reach $10.34 within the next 12 months. Hudbay Minerals Inc. [NYSE: HBM] shares were valued at $7.62 at the most recent close of the market. An investor can expect a potential return of 35.7% based on the average HBM price forecast.
Analyzing the HBM fundamentals
Trailing Twelve Months sales for Hudbay Minerals Inc. [NYSE:HBM] were 1.68B which represents 91.71% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.63.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.45 points at the first support level, and at 7.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.92, and for the 2nd resistance point, it is at 8.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hudbay Minerals Inc. [NYSE:HBM] is 1.25. On the other hand, the Quick Ratio is 0.87, and the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 41.41.
